Across the country, aspiring property buyers are waiting for the Real Estate Regulation Act (RERA) to be implemented by the state governments. Once the RERA becomes an enforceable law, it will change the way … READ FULL STORY
Buying a property is a once-in-a-lifetime decision for most people, as the investment is generally huge and may come with a long-term liability. One wrong decision, can create imbalances in the buyer’s personal balance … READ FULL STORY
When opting for a home loan, buyers have a choice between three types of schemes – fixed, semi-fixed and floating interest rates. Choosing the correct scheme can be a tricky affair. Various factors can … READ FULL STORY
Often people pick booking under-construction properties over ready houses because of their lower rates. However, they do so without realising the risks involved; both, the income tax and financial implications. This feature deals with … READ FULL STORY
Benefits to promoters/builders, for construction of affordable houses Under the newly-enacted Section 80IBA, 100% of the profits derived by the builder/promoter from a residential housing project, are allowed as deduction to every tax payer … READ FULL STORY
The current real estate slowdown has put the spotlight on some of the mistakes people commit in the realty market. Over-concentration The past decade’s strong real estate returns have led to investors ignoring … READ FULL STORY
Property developers often use jargon that the buyers find hard to comprehend. In this feature, we will focus on the two most common terms used in the realty market: ‘Pre-launch’ and ‘Soft-launch’. Aman Nagar, … READ FULL STORY
Home buying requires a high level of financial preparedness. In places like Mumbai, Bengaluru, Delhi-NCR and other metro cities, the EMI on home loan is normally very high due to higher property prices. Therefore, … READ FULL STORY
Often, home buyers may find it difficult to finalise a house, after shortlisting their final few properties. If these properties are in a similar price range and in the buyers’ preferred location, there are … READ FULL STORY
When a buyer opts to purchase a home, s/he may come across various payment plans. Nonetheless, one should check out the pros and cons of each plan, before making a choice. Down payment … READ FULL STORY
In a recent judgment, the Delhi High Court has held that service tax cannot be levied on the purchase of under-construction flats. Presently, service tax of 15% is levied on 25% of the consideration … READ FULL STORY
The finance bill, was presented in the parliament on February, 29, 2016. It became a law, after receiving the president’s assent, from May 14, 2016. This Finance Act 2016, has certain provisions, which will … READ FULL STORY
Led by reports that Noida is by far the most affordable location in and around Delhi-NCR, Ramesh Vats was on a house hunt in the market. He found that his perception about the Noida … READ FULL STORY
